FIRST NATION OF NA-CHO Nyäk Dun

Media Statement: Yukon Government’s announcement of an exclusivity agreement with Boroo Pte. Ltd regarding Eagle Gold Mine

April 28, 2026, For Immediate Release

Mayo, Yukon – The First Nation of Na-Cho Nyäk Dun (“FNNND”) is aware that Yukon Government has given its consent for PricewaterhouseCoopers Inc., the receiver for Victoria Gold Corp., to enter an exclusivity agreement with private Singapore-based company Boroo Pte. Ltd. (“Boroo”) to pursue the sale of the Eagle Gold Mine and certain related assets. There is no finalized sale at this time. FNNND has not given its consent to any sale or restart of the mine and has not entered into any agreement with any party.

In the almost two years since the Eagle Gold Mine disaster, FNNND has consistently called for (1) responsible site management that upholds the Receiver’s court-ordered obligation to remedy the environmental and safety impacts of the disaster, and (2) systemic accountability and changes to Yukon’s mining policies, legislation, and culture that ensure safety, transparency, and responsibility guide Yukon’s mining industry. Amid inadequate site management, recurrent toxic spills on the Eagle Gold Mine site, and no movement from Yukon Government on any accountability or systemic change measures to the broken mining industry in the Territory, Yukon Government’s endorsement of the exclusivity agreement demonstrates its preoccupation with ridding this historic disaster from its books rather than addressing the underlying causes. The continued irresponsibility with respect to the Eagle disaster, and the mismanagement of the mining industry in Yukon more generally, was a key motivation for FNNND’s decision to commence litigation to relating to Yukon Government’s significant and continued breaches of FNNND’s treaty rights.

Yukon Government’s decision to make this announcement on April 28, the National Day of Mourning, which honours fallen workers and their families, is a demonstration of how far change and accountability are from their minds. Victoria Gold workers were significantly injured during the heap leach disaster at the mine, and the fact that the heap leach failed during a shift change was the only reason that multiple lives were not lost on June 24, 2024.

At this time, FNNND neither supports nor opposes the sale of the Eagle Gold Mine site to Boroo or to any bidder. We remain resolute, however, that all decisions with regard to the site’s current management and its future must be made in full collaboration and with the consent of the Nation and our Citizens. Advocating for responsible site management and full accountability through a duly empowered public inquiry remains our enduring priorities. In the wake of the Eagle Gold disaster, and now this exclusivity agreement with Boroo, FNNND emphasizes the importance of the Nation’s stewardship of its Traditional Territory, including the Eagle Gold site, and the need for all proponents and prospective proponents in the Traditional Territory to operate in full compliance with FNNND’s Mining Policy.

No interviews will be scheduled at this time. For further clarification questions, please contact:
Sarah Frey
Communications Contractor, First Nation of Na-Cho Nyäk Dun
frey@sarahfrey.ca
867-689-8514